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Token Release Schedules

Vesting schedules and circulating supply
DIVER Tokens will be released according to the schedule below.

Seed Round Investors

Offering to lead investors and founders
  • Total: 50,000,000
  • Cost Basis: $0.018
  • Released at TGE: 15%
  • Remaining vested on a quarterly basis for 12 months

Private Round Investors

Offering to institutions, yield farmers, volatility trading firms, and accredited investors.
  • Total: 80,000,000
  • Cost Basis: $0.025
  • Released at TGE: 20%
  • Remaining vested on a quarterly basis for 12 months

Strategic Round

Offering to accredited investors and key opinion leaders.
  • Total: 20,000,000
  • Cost Basis: $0.035
  • Released at TGE: 20%
  • Remaining vested on a quarterly basis for 12 months

Public Round (sold via Balancer LBP)

Funds raised will be used to seed liquidity on various DEXs
  • Total: 15,571,703
  • Released at TGE: 100%

Community Rewards

Used for various community incentive programs
  • Total: 340,000,000
  • Utilized per introduction of community incentive programs

Ecosystem Fund

Used to foster strategic relationships with key ecosystem partners
  • Total: 100,000,000
  • Released at TGE: 10%
  • Remaining utilized when partnerships are established to support ecosystem growth

Reserves

Reserved for future fundraising and other strategic purposes
  • Total: 214,428,297
  • Locked for the first 12 months following TGE
  • 20% unlock at day 360, remaining vested on a quarterly basis for 12 months

Developers & Early Backers

Offered as incentives for core team members and key project backers
  • Total: 150,000,000
  • Locked for the first 12months following TGE
  • 10% unlock at day 360, remaining vested on a monthly basis for 12 months

Liquidity Provision Fund

Used to support market-making and liquidity provision purposes on different exchanges
  • Total: 30,000,000
  • Released at TGE: 1/3
  • Remaining utilized for new exchange listing relationships